Ignoring the availability of social security survivor benefi
Course:- Business Management
Reference No.:- EM13330582

Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Business Management

Kelly, age 35, is a single parent and has a one-year-old son. She earns $45,000 annually as a marketing analyst. Her employer provides group life insurance in the amount of twice the employee's salary. Kelly also participates in her employer's 401(k) plan. She has the following financial needs and objectives:

Question: Ignoring the availability of Social Security survivor benefits, how much additional life insurance, if any, should Kelly purchase to meet her financial goals based on the needs approach? (Assume that the rate of return earned on the policy proceeds is equal to the rate of inflation.)

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Management) Materials
Create a 10- to 12-slide PowerPoint® presentation, including detailed speaker notes, you would give to a group of potential investors for a business you wish to create. Ensu
Compare and contrast at least two methods of assessing health care organizations' operational needs and explain how they differ based upon a particular health care setting.
Problem is: If Newtown borrowed the $1,000,000 today at 3% for a term of 20 years what would its debt service (principal and interest) payment be? *Note* Debt service payme
Identify specific quantitative analysis techniques that could help you better understand the nature of the problem or opportunity as well as craft appropriate recommendation
What are the three key points you plan to present in support of your narrowed topic? What are some supporting points underneath each that you plan to add to your outline? Ca
How Can I conclude Gross Profit for this company? It is a service oriented company that has no cost of goods sold The formula for defining Gross profit is Gross Profit = Reven
Suppose that in a fast food chain the marginal productivity (3 sandwiches per employee-hour) is below average productivity (5 sandwiches per employee-hour). What will happen
Q: You are the project manager of the Server Installation Project for your organization. You're working with your project stakeholders and project team to create the project